Property for Sale in Minneapolis
2308 Garfield Avenue
Minneapolis, MN 55405
Property Details
Year Built
1967
Square Feet
8,700
Parking Features
Paved
Zoning
Residential-Multi-Family
2025 Property Taxes
$22,796
School District
Minneapolis
County
Hennepin
We are pleased to present for sale Garfield Avenue Apartments, a 12-unit apartment community located in the Whittier neighborhood of Minneapolis 2308 Garfield Ave S is available for purchase for the first time in over 20 years. We are pleased to present a unique opportunity to purchase a beloved asset in a core urban area. Consisting of 10 one-bedrooms and 2 studios, this property is exceptionally well cared for. Built in 1967, and situated on a .22 acre lot, 2308 Garfield enjoys a great location within walking distance to the commercial district of Lyndale Avenue. Located one street from Lyndale Avenue, tenants will be within walking distance to Aldi, Baba's Hummus House, French Meadow Cafe, Wedge Co-op, Leaning Tower of Pizza and many others. The property includes an 8-space parking lot, an attractive feature for tenants in the relatively dense urban setting. Major capital improvements include a Duro-last roof from approximately 10 years ago and windows from approximately 10 years ago. With average rents at $967, the opportunity blends consistent cash for the owner and affordability/convenience for the tenant. Rental demand is predicted to increase over the next couple years ensuring this property remains highly occupied. This professionally run property has excellent current and historical occupancy.
Near the intersection of Lyndale and Hennepin.
Features
Utilities
Electric Separate,Heating Common,Hot Water Common
Heating
Boiler
Sewer
City Sewer/Connected
Water
Public
Additional Info
Listed By
Michael Jacobs of Marcus & Millichap
Listed
10/14/25 and last updated 10/29/25
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
